Economy · World

US-Iran conflict intensifies, oil prices surge past $90

The United States and Iran have intensified their conflict in the Middle East, leading to a surge in oil prices. Brent crude futures rose above $90 a barrel, reaching a one-month high. The Strait of Hormuz, a vital shipping route, faced increased pressure and disruptions due to missile and drone strikes. The Islamic Revolutionary Guard Corps reported that two oil tankers were immobilized after attempting to transit the strait. US military actions against Iran continued for a ninth consecutive night.

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